And let's stop with this clone thing. If we are a community striving for execution, we should not be so annoying when people simply take ideas from somebody else and start executing.
It's just that I'm not sure it's a good idea to give your business data to people whose main business model it is to look for the best ideas/markets/businesses and then to copy them.
To me, there seems to be a pretty obvious conflict of interest that might work against you.
At least with Paymill you are clear on what you get. We have seen their execution already.
Our plan is "nobody" :).
But hey, let me say I only looked into Paymill because you guys were not around.
However, I have lost faith in the ability of US-based companies using US-fiber and US datacenters to protect against NSA snooping.
I am not naive - I have no doubt that German fiber is monitored as well, but afaik LE could gain access to your servers and serve you a gag order - something they could not do over here.
So, my comment was in no way specific to Stripe - I don't trust Google or Apple either.
Having said that, in the particular domain of electronic payments, I think that meaningful privacy is (sadly) a mostly unattainable goal: it seems safe to assume that the card companies themselves collaborate with all kinds of surveillance. Given that everything ultimately becomes a transaction on those networks, what happens at the edges matters less.
Would you trust your financial data (= growth data, etc.) to a company like Paymill that's owned by a clone factory (i.e. the Samwers') or do you think that's being paranoid?
EDIT: I wasn't asking for downvotes, I was asking for rational comments, explanations, thoughts.